Shenzhen, China, 4th March 2016
PAX Technology (HKEx: 00327 – PAX GLOBAL), a global leader in the provision of secure electronic payment terminal solutions, and payments systems integrator CCV, recently showcased for the first time in Europe the PAX PX7 multilane & multimedia retail terminal at EuroCIS 2016.
CCV already offers merchants in Germany and the Netherlands a range of PAX based solutions, including the smart PINpad S300, countertop terminal S800, mobile payment terminal S900 and the compact D200 mPOS. The launch of the PX7, a large touch screen multimedia capable payment terminal with full contactless NFC functionality, will continue to reshape CCV’s retail acquiring business, bringing additional value-added services to point of sale locations.
Mr. Reinhard Blum, CEO at CCV Germany, stated: “PAX products have consistently demonstrated superior levels of payment terminal quality in the field and always come packed with the latest cutting edge technology required by European merchants”. He added: “PAX’s investment in research and development and speed of new product rollout has been impressive and CCV is proud to have partnered with such a strong and focused company.”
Mr. Jack Lu, CEO at PAX, commented: “We see excellent growth opportunities in Europe and are positioned to successfully address the complexities of the payments space thanks to our network of channel partners such as CCV”. He concluded: “PAX is increasing R&D investment so that we continue to deliver innovative products and a reliable suite of solutions to our global partners and customers.”
About PAX (www.pax.com.cn)
PAX Technology is an innovative global provider of electronic payment solutions, offering world-class, cost-effective and superior quality products. Building on its service excellence and proven leadership position, PAX is one of the fastest growing payment industry suppliers with state-of-the-art manufacturing facilities, excellent R&D capabilities and a worldwide network of sales and channel partners. PAX is listed on the Hong Kong stock exchange as PAX Global Technology Ltd. (0327.HK).
About CCV (www.ccv.eu)
CCV is an international organization specializing in electronic payments in the Netherlands, Belgium, Luxembourg, Germany and Switzerland. In Europe, CCV is one of the major providers of payment solutions.